Month: December 2017
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CA ruling on WESM price spike to cost consumers P17 B
December 15, 2017(Originally published on December 14 by the Philippine Star) MANILA, Philippines — Customers are expected to bear the brunt of the Court of Appeals’ decision reversing the Energy Regulatory Commission’s (ERC) order which voided the sharp spike in spot market rates in December 2013. Advocacy group Citizen Watch said the CA decision would pass on […]
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Citizen Watch decries P17 billion in projected charges to be passed on to power consumers
December 12, 20172013 was a disastrous year for the power sector. In addition to the scheduled closure of Malampaya, several other plans were also shut down, causing rates in the Wholesale Electricity Spot Market (WESM) to skyrocket for the electricity sold from October to December that year. Thankfully the Energy Regulatory Commission, in its regulatory function, […]
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